MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Short Interest Update

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 1,429 shares, an increase of 216.2% from the June 15th total of 452 shares. Based on an average trading volume of 1,464 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.9% of the shares of the stock are short sold.

MicroSectors Travel 3x Leveraged ETN Stock Down 1.1%

Shares of NYSEARCA:FLYU traded down $0.56 during trading on Monday, reaching $48.28. 300 shares of the company’s stock traded hands, compared to its average volume of 2,326. MicroSectors Travel 3x Leveraged ETN has a fifty-two week low of $29.80 and a fifty-two week high of $63.47. The firm has a market cap of $7.72 million, a PE ratio of 12.08 and a beta of 4.38. The company has a 50-day simple moving average of $45.13 and a 200-day simple moving average of $45.28.

MicroSectors Travel 3x Leveraged ETN Company Profile

The MicroSectors Travel 3x Leveraged ETN (FLYU) is an exchange-traded fund that is based on the MerQube MicroSectors U.S. Travel index. The fund tracks 3x the daily price movements of a liquidity-weighted index of US-listed travel-related companies. FLYU was launched on Jun 24, 2022 and is issued by REX Microsectors.